Tax Manager (Oil & Gas)

Petra Funds Group is a single-source provider for fund administration and infrastructure needs for private equity and debt funds. At Petra, we enable fund managers to focus on the tasks that add the most value to their businesses and leave the rest to us.

Petra is made up of highly experienced professionals across the US and Europe. In a business where accuracy and timeliness are paramount, having a deep bench who've spent years working with asset managers is what differentiates us.

Our foundation is built on trust, experience, and uncompromising accuracy. Our people are experts. We work collaboratively. We are relentless in our process and put attention to detail first.

We are seeking a Tax Manager to support the tax function for a growing alternative asset manager focused on energy investments. The ideal candidate has experience with partnership taxation and investment fund structures, particularly with oil and gas experience.,. This role will be responsible for overseeing tax compliance, reviewing partnership allocations, coordinating with external tax advisors, supporting investor tax reporting (including Schedule K-1s), and assisting with tax planning initiatives across fund entities. The successful candidate will have a strong understanding of partnership tax concepts, exceptional analytical skills, and experience working within an asset manager, private equity firm, or investment platform with exposure to energy-focused investments.

The firm manages more than $26.75 billion in assets under management and is currently raising three new funds, creating an exciting period of growth and investment activity.

• →Tax Compliance
  • →Review of fund partnership and corporate blocker tax compliance and reporting to federal and state agencies.
  • →Review of portfolio company Federal and State tax returns.
  • →Review and timely distribution of fund K-1 packages and reporting to partners and investors.
  • →Calculate tax estimates for fund distributions and quarterly taxes.
  • →Quarterly provisions on corporate blocker entities.
  • →Calculate and manage investor state, FDAP, and ECI tax withholding requirements.
  • →Coordinate with third party tax consultants on fund tax matters.
  • →Assist with management of OneSource database and calendar
• →Investor Relations Support
  • →Respond to tax related queries
  • →Due diligence questionnaires

• Four or more years of Big 4 public accounting tax experience, Oil & Gas industry, or a combination of both
• Knowledge of Oil & Gas-specific tax issues at the operating company level including depletion, recapture and IDCs is a plus
• Knowledge of renewable energy specific tax issues is a plus
• Comfortable multi-tasking in a small team environment
• Willing to network and communicate across disciplines from deal teams and portfolio company CFOs to accounting, investor relations and treasury
• Strong organizational and communication skills.
• Microsoft Excel with exposure to pivot tables and working with large data sets
• Demonstrated willingness to adopt and leverage AI tools

We’re proud of many milestones, but we’re especially honored by the recognition we’ve received for our workplace experience: 

• Certified Great Place to Work®, based on direct feedback from our employees about trust and overall culture. 
• Fortune Best Medium Workplaces™ and Best Financial Services & Insurance Workplaces™, highlighting our commitment to building an environment where people thrive.